European Airline Stocks Surge on Oil Drop

European airline shares jumped 8.9%‑13.6% on 8 April 2026 after oil prices fell 13‑15% following US‑Iran de‑escalation.
Major carriers Ryanair, IAG, Lufthansa, and Air France‑KLM led gains, with the latter up 13.74% on the day.
Brent and US crude futures dropped about 13.2%‑14.8% as President Donald Trump suspended planned strikes against Iran for two weeks.
Lower jet‑fuel costs, a key expense for airlines, prompted analysts to revise earnings expectations upward, reversing earlier losses.